Operations Research, Systems Engineering and Industrial Engineering Commons^™

Radical Impact Of Change In Actions And Confidence Index On Reverse Decision Making An Application Based Study, Swatee Trimbak Paithankar

Engineering Management & Systems Engineering Theses & Dissertations

While making decisions under uncertainty, people are often unaware of the logical approach to form the decision process. It is assumed that collecting details, analyzing and evaluating data is enough to make 'proper' decisions. However, past research in the decision making arena has significantly validated that there exists a class of decision problems which is complex, ill-structured and not defined to the level where decision makers can draw logical conclusions based on existing traditional decision approaches. RDM (reverse decision making), one of the novel approaches of decision making under conditions of uncertainty, has shown potential towards addressing some of these …

Reverse Decision Making And Goal Attainment A Proof Of Concept As A New Approach To The Decision Making Process Under Uncertainty, Shitalkumar S. Sabne

Engineering Management & Systems Engineering Theses & Dissertations

Decision making occurs when one must choose among alternatives. However, in uncertain environments where problems are complex and decision makers lack complete knowledge of the situation as well as decision alternatives, it's not possible for them to select an optimal decision outcome by 'Traditional Decision Approaches'. At present Reverse Decision Making is the central, although new and unproved, approach of Old Dominion University's Engineering Management and Systems Engineering research on decision making process for uncertain and complex situations. Even though research in decision making spans over one hundred years, there are still important problems which remain to be addressed.

There …